CNBC Economy / Updates
- Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually March 18, 2026Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.
- Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so March 16, 2026Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.
- Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz March 16, 2026The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.